Pope to address economic crisis in encyclical

Pope Benedict XVI will release his third encyclical Tuesday. A day before the G8 meets, the pope’s teaching document will address the economic crisis and how he believes Christians should use globalization to assist the needy.

The AP reports:

The document, entitled “Charity in Truth,” is expected to be published soon.

The pope has said his third encyclical will outline the goals and values that the faithful must defend to ensure solidarity among all peoples.

Benedict has frequently spoken out on the financial crisis, urging leaders to ensure the world’s poor don’t end up bearing the brunt of the downturn even though they are not responsible for it. He has said the downturn shows the need to rethink the whole global financial system.

According to an Italian newspaper, the pope’s third encyclical, “Caritas in veritate,” will contain this:

“Without truth, without trust and love for what is truthful, there is no conscience or social responsibility, and the social action falls under the control of private interests or logics of power, with destructive effect on society, even more on a society on the way to globalization, in difficult moments like the current ones.”